Difference between Goods Issue and Goods Receipt

05 Mar 2013 5:20 pm || 0

Difference between Goods Issue and Goods Receipt

Stechies

Goods Issue Vs. Goods Receipt

Goods Receipts and Goods Issue both deal with the inventory only.

Goods Issue

A Goods Issue is defined as a physical outbound movement of goods or materials from the warehouse or it is the issue of physical goods or materials from the warehouse. It results in decrease in stock from the warehouse. For e.g goods are issued from the store to production department to make the product.

The following kinds of Good Issue are considered in the SAP System:

Issues to a cost center or project

Material staging for production

Delivery of goods to customers

Goods Receipt

A Goods receipt is defined as a physical inbound movement of goods or materials into the warehouse or it is the receipt of material in the store or the receipt of stock from the vendor or manufacturer. All good receipt results in increase of stock in the warehouse. For e.g receipt of the produced product into stores.

The following kinds of goods receipts are considered in the SAP System: